Premiums for spot zinc material were stable in the week to June 15, with the US premium for lead holding at an all-time high.
Zinc premiums in Europe are at their highest since 2019 due to low availability of spot material, but may drop in summer 2021. US lead premiums continue at their peak of 14.50-16.50 cents on tight supply and logistics issues, with the latter also affecting the European zinc trade. Effects of the Chinese state reserve release of zinc material will become clear in the coming weeks. European premiums hold at Feb 2019 levelsLogistics issues...